Mr. Hansen decided that he didnt want to have the Ski business paying additional debt for the next five years. So, he opted to borrow the $50,000 at 10% annual interest for FIVE(5) Years paying the loan (principal plus interest) in full at the end of the 5-year period. However, he wasnt too sure how well the business would do with the investment. So, he decided to personally deposit monies that he won at the Horse Races of $60,000 in a CD (Certificate of Deposit) that would help offset the future payment due in five years for the Ski business. The bank manager told Hansen, that he could pay 7% annual interest on deposits that were left for at least 4 years. Hansen wants to know how long it will take for his $60K TO EQUAL THE TOTAL PAYMENT that the ski business will need?